What are our Retirement Planning Services?
- We assist our entrepreneur clients in designing and implementing pension plans such as Profit Sharing, 401 (k), and Cash Balance Plans to help them defer taxable income and minimize taxation in the current year.
- We serve as “named co-fiduciaries” to the plans and help the plan sponsors and trustees comply with the US Department of Labor (DOL) and Employee Retirement Income Security Act (ERISA) rules and regulations governing pension plan operation.
- We assist the plan sponsors and trustees in developing and implementing written Investment Policy Statements (IPS) for their pension plans.
- We prudently manage the plan assets as fiduciaries under Section 3 (21) of ERISA, enabling the participants to achieve their objectives of securing reliable income in retirement.
- We assist plan sponsors and trustees in complying with the annual pension plan updates and restatements, conducting yearly meetings, and maintaining written records in accordance with the ERISA rules and regulations.
- We assist pension plan sponsors and trustees in avoiding needless litigation by the plan participants and the DOL and preventing personal liabilities and penalties against them for non-compliance with plan rules and regulations.
